RHB Capital OTC Stock Forecast - Triple Exponential Smoothing

RHBAF Stock  USD 1.22  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of RHB Capital Berhad on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. RHB OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of RHB Capital's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for RHB Capital - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When RHB Capital prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in RHB Capital price movement. However, neither of these exponential smoothing models address any seasonality of RHB Capital Berhad.

RHB Capital Triple Exponential Smoothing Price Forecast For the 28th of December

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of RHB Capital Berhad on the next trading day is expected to be 1.22 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict RHB OTC Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that RHB Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

RHB Capital OTC Stock Forecast Pattern

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RHB Capital Forecasted Value

In the context of forecasting RHB Capital's OTC Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. RHB Capital's downside and upside margins for the forecasting period are 1.22 and 1.22, respectively. We have considered RHB Capital's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
1.22
1.22
Expected Value
1.22
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of RHB Capital otc stock data series using in forecasting. Note that when a statistical model is used to represent RHB Capital otc stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past RHB Capital observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older RHB Capital Berhad observations.

Predictive Modules for RHB Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RHB Capital Berhad. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
1.221.221.22
Details
Intrinsic
Valuation
LowRealHigh
1.221.221.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RHB Capital. Your research has to be compared to or analyzed against RHB Capital's peers to derive any actionable benefits. When done correctly, RHB Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in RHB Capital Berhad.

Other Forecasting Options for RHB Capital

For every potential investor in RHB, whether a beginner or expert, RHB Capital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RHB OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RHB. Basic forecasting techniques help filter out the noise by identifying RHB Capital's price trends.

RHB Capital Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RHB Capital otc stock to make a market-neutral strategy. Peer analysis of RHB Capital could also be used in its relative valuation, which is a method of valuing RHB Capital by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

RHB Capital Berhad Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RHB Capital's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RHB Capital's current price.

RHB Capital Market Strength Events

Market strength indicators help investors to evaluate how RHB Capital otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RHB Capital shares will generate the highest return on investment. By undertsting and applying RHB Capital otc stock market strength indicators, traders can identify RHB Capital Berhad entry and exit signals to maximize returns.

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Other Information on Investing in RHB OTC Stock

RHB Capital financial ratios help investors to determine whether RHB OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RHB with respect to the benefits of owning RHB Capital security.